asked
Good Day. My mom has about $120,000 in the bank, which needs to be divided among her 6 children. The money is under my name. Do I have to pay taxes on this inheritance?
April 15th, 2024
I never received the first and second stimulus checks when I filled out the form at the same time they came out. How can I claim my missing stimulus payments?
February 4th, 2024
I need to set up a solo 401k for my LLC, which is owned by 4 family members (wife, son, daughter, and me), but my wife and I are the only staff. We have been self-employed for a while. I know I have to set it up and fund it this year. Can you supply all the rules?
November 9th, 2024
How do I calculate line 16 on the 1040 tax return for the US individual income tax return?
August 6th, 2024
When calculating capital gains taxes after selling a house I inherited but never lived in, how is this calculated? Specifically, will the gains from the sale be added to my other income to determine the tax bracket, or will they be evaluated separately?
October 9th, 2024
What are the reporting requirements for tips received by employees in a small coffee shop in Washington State, and how do FICA and Social Security taxes apply to tip income?
March 26th, 2024